KUALA LUMPUR: Malaysia’s industrial production index (IPI) slipped by 0.4% in June, which was a positive surprise compared with a Bloomberg survey of a 10.4% decline, as the economic recovery was underpinned by the stronger manufacturing output.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said in a statement the decline in IPI in June from a year ago was due to the decrease in the index of mining (-17.1%) and electricity (-2.4%).
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